Q1: What is the cost of your services?
A1: Our fees are straightforward. In some cases, you may be due multiple refunds either on the same or different properties. Compensation is a discounted 20% of each refund claim recovered on your behalf IF you choose either option 1 or 2 below or the full 30% of each refund claim recovered on your behalf IF you choose option 3 below.
Q2: When do we pay for your services?
A2: We realize that dealing with government agencies can often times take months. The normal processing time by HUD for an FHA Mortgage Insurance Premium refund check is between 4 - 5 weeks after the properly executed application is submitted for payment. However, from start to finish the entire recovery process could take anywhere from 10 - 12 weeks. For this reason we provide you, the property owner, with three very flexible payment options:
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Option 1: Prior to our sending in your initial TFC form to HUD you pay 10% for our services upfront and 10% prior to mailing in your Refund Application.
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Option 2: Prior to our sending in your initial TFC form to HUD you pay the entire 20% for our services upfront.
In either case, your refund check is mailed directly to you from HUD. We offer two convenient ways for you to make payment:
Please keep in mind that once you've submitted the initial 10%, at your request we can set up payments for the remaining 10%, possibly break it up into three payments every two weeks which is automatically withdrawn from your credit card and this would start 30 days after your initial 10% payment. Starting the withdrawals a month from now allows more than enough time for the Refund Application to be sent to you. Remember that as soon as we receive your TFC we can submit it and both the Refund Application and the refund check is sent to you directly from HUD.
How To Contact National M.I.P. Refunds
National MIP Refunds
1-800-884-9710 Office/Fax
Online: Begin an Inquiry and one of our representatives will contact you with the information you need to get your refund in the most efficient manner possible. Note: All inquiries should include your name, your FHA case number if known, the date you purchased the property and the date that the mortgage was satisfied, the property address, and your daytime phone number. If you do not have all the information, please provide as much as possible.
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